Community banking
Community banking
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David Marshall is executive vice president and CFO of Docking and Union State Bank, its $241 million-asset subsidiary, the company announced Friday.
May 10 -
Home Federal Bank of Hollywood has hired a new chief executive with experience guiding troubled Florida lenders. The $59.4 million-asset bank named Robert Brookes CEO last month, according to an online report in the South Florida Business Journal.
May 10 -
Banks, conflicted by moral hazard, will always fight for maximum FDIC coverage at the least possible cost, since the FDIC is ultimately backed by Other Peoples Money.
May 10 -
Unity Bancorp in Clifton, N.J., is set to redeem half of the preferred shares it issued through the Troubled Asset Relief Program.
May 9 -
After 18 months, One PacificCoast pulled the plug on a money-losing lending program it hoped would compete with payday lenders.
May 9 -
The ideal of responsive design, in which one set of web pages displays perfectly on any device, has yet to be realized, some observers feel.
May 9 -
First Citizens Bancshares (FCNCA) in Raleigh, N.C., reported a large increase in its quarterly earnings after the sale of a large portion of its processing-servicing business.
May 9 -
The $11.5 billion asset company in Laredo, Texas, earned $28.1 million or 42 cents per share, compared with $28.3 million in the first quarter of 2012.
May 9 -
Wallis State Bank has expanded beyond the Houston area to open its first full-service branch in Dallas.
May 9 -
Quarterly profit rose at NASB Financial (NASB) in Grandview, Mo., on stronger credit quality and noninterest income.
May 9 -
In three years of say-on-pay votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.
May 9 -
Look up in the sky! It's a bird. It's a plane. No, Regions Financial is adding two supersized signs to the Music City skyline.
May 9 -
Federal Savings Bank in Kansas is growing by making mortgages to veterans, a business that other lenders have botched.
May 9 -
Sun Bancorp in Vineland, N.J., will close three branches near the Philadelphia suburbs as looks to cut costs.
May 9 -
A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.
May 9 -
BancorpSouth in Tupelo, Miss., is offering early retirement to about 10% of its workforce in an attempt to cut costs.
May 9 -
The $394 million-asset Broadway Financial said Wednesday that its Broadway Federal Bank recently sold $8.7 million in loans to an unnamed buyer for an undisclosed price.
May 9 -
National Bank Holdings in Greenwood Village, Colo., has created a specialty finance business to focus on middle-market companies.
May 9 -
Community Partners Bancorp in Tinton Falls, N.J. is getting a new name.
May 9 -
The Dodd-Frank Act's ban on pure commercial ownership of industrial loan companies is set to expire in July. American Banker editors discuss the pros and cons of allowing a commercial enterprise like Wal-Mart into the banking business at a time when the previous argument against doing so has been turned on its head.
May 8



